Internet Explorer 6 is not supported This site has been built to work in either Internet Explorer 8 and above, Firefox, Chrome or Safari. For a better experience of using this site, please switch your browser or install
Chrome Frame

Carmignac appoints co-manager on blockbuster fund

French firm Carmignac Gestion has appointed its head of credit Keith Ney as co-manager on its €5.8 billion European bond fund, Carmignac Sécurité.

The move sees Ney (pictured), who was appointed head of credit at the Paris-based firm in April 2011, work alongside the fund's existing portfolio manager Carlos Galvis.

Ney, a US-born manager who has been with Carmignac for eight years, has already taken up his new role on the European short term bond fund and will remain the firm's head of credit, overseeing its global credit exposure and credit analyst team.

The fixed income team was also recently expanded with the appointment of Pierre Verlé as a credit analyst. Verlé specialises in high yield bonds, loans and distressed special situations.

Galvis assumed control of the fund in April 2011 when he took over from Rose Ouahba, who was appointed to head up Carmignac’s fixed income team.

The move to support Galvis on the fund marks Ney’s second portfolio management role for Carmignac, having previously served as a co-manager on the Carmignac Market Neutral fund.

We use cookies to give you the best experience on our website. You can continue to use the website and we'll assume that you are happy to receive cookies. If you would like to, you can find out more about cookies and managing them at any time here. This site is for Professional Investors only, please read our Risk Disclosure Notice for Citywire’s general investment warnings